Ask Question
12 October, 11:46

A defeasible estate is one that can be lost in the future by the happening of a specific event.

True/False

+4
Answers (1)
  1. 12 October, 12:04
    0
    The given statement is true a defeasible estate is one that can be lost in the future by the happening of a specific event

    Explanation:

    When the land is transferred upon conditionally by the grantor or the owner then it is called as defeasible estate and the property is subjected to some conditions intentionally or unintentionally upon the happening of the events

    This is not permanent to the owner hence with the time of run it can eventually be lost or it will be handed over back to the grantor and hence it can be lost in the future
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A defeasible estate is one that can be lost in the future by the happening of a specific event. True/False ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers